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China’s mobile payment war escalates
In the war between Tencent and Alibaba for China's emerging mobile payment market, cab-calling services have become the slightly unexpected battlefield.
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- Uncategorized
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Tanzania: Mobile Money Tranfers Gaining Popularity
Financial transactions have always been a challenge for rural, poor people in Tanzania. M-Pesa, an immensely popular system of money transfer via mobile phone, has made life much easier.
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- Uncategorized
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The social impact bond wars
Social impact investing sounds like an innovative way of uniting private investors, nonprofits and government to deliver social services with demonstrable outcomes. But who’s profiting from that financing model?
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- Impact Assessment
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Banks in Zimbabwe face new threat from mobile money
LOCAL banks face a tough hurdle as the emergence of mobile money transfer services (MMTS) appears to pose a serious threat to their survival.
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- Uncategorized
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PRESS RELEASE: World’s first international mobile money service with currency conversion launched
Today, for the first time ever, mobile money users will be able to transfer cash across borders with currency conversion automatically included.
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- Uncategorized
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WhatsApp gives Facebook a lock on the planet’s next billion mobile internet users
WhatsApp is “the de facto standard for messaging” in Africa, offering ”an awesome messaging experience to the middle billion, those living on $10 a day” or less, as TextIt, a Rwanda-based tech company, explains in this blog post. It does that through its Java 2 Mobile Edition (J2ME) version, designed to work on regular (non-smart) phones. Though that’s scarcely been mentioned in the acquisition hullabaloo, it’s huge considering how limited smartphone penetration is in Africa.
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- Technology
- Region
- Sub-Saharan Africa
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New Grant to Aid Businesses Creating Jobs, Services for Poor
The Asian Development Bank (ADB) and development partners will use a new $3.6 million grant to support around 20 private sector businesses in Asia targeting poor and low-income communities.
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Bata targets low-income markets
Czech footwear maker works with village vendors to sell low-cost shoes in rural areas of Bangladesh, Colombia and Bolivia.
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- Environment, Impact Assessment
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